Eddie Stobart acquires The Pallet Network (TPN) in latest effort to enhance retail offering

Eddie Stobart, the UK’s leading supply chain, transport and logistics business, is an icon of British roads. Since its founding a little under fifty years ago, the company has gone onto to become one of the most wellknown names not only in the supply chain sector but anywhere in the UK.

Within the logistics and supply chain industry, the iconic brand has built a strong reputation for its high levels of service. Today, Eddie Stobart continues to nurture and develop a significant base of long term customer and currently provides its services to most of the UK’s leading supermarket chains in some capacity.

However, over the past ten years, customer shopping habits have altered drastically and in the ‘on-demand’ economy, goods are expected to move across the supply chain swiftly to meet consumer requirements. That’s why over the past 18 months Eddie Stobart has continued to build out its offering via a number of strategic acquisitions to help it manoeuvre effectively within the retail space. Most recently, in late June, the company acquired The Pallet Network (TPN), a leading provider of pallet distribution services in the UK and Ireland.

Speaking on the move, Alex Laffey, CEO at Eddie Stobart said: “in line with our strategy, we are delighted to be able to invest in TPN as this significantly enhances the skills and capabilities of Eddie Stobart in a space that we currently do not operate in.

Furthermore, it strengthens our position as a leading provider of end-to-end supply chain solutions.” The move significantly enhances Eddie Stobart to meet customer requirements for smaller load deliveries, and is the latest in a string of recent acquisitions by Eddie Stobart, helping the company better understand exactly how it can best serve retailers of all sizes at every step of the supply chain.

In the past 18 months, the company also acquired Speedy Freight, a same day delivery service. Utilising a specialised vehicle fleet ranging from cars to articulated trucks, Speedy Freight has enabled Eddie Stobart to provide dedicated same-day services to retail customers looking to ship items of any size. While online e-fulfilment service, iForce, has also been brought into the Eddie Stobart family to complement the company’s existing operations and broaden its area of expertise – offering customers the chance to deploy unique proprietary software for managing their returns.

This strategic restructuring over the past 18 months has helped to significantly enhance the skills and capabilities of Eddie Stobart as it looks to meet increasing customer demands head-on in one of the UK’s most rapidly evolving sectors.